The Progressive Governors’ Forum has thrown its weight behind the federal government on the decision to remove petrol subsidy, stating that President Bola Tinubu respected the law by enforcing the removal. The APC governors’ decision was disclosed by the newly elected Chairman of the forum, Governor Hope Uzodinma of Imo State. Speaking to House correspondents … [Read more…]
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has warned the Federal Government not to contemplate the removal of the subsidy on petrol without local refining capacity, in view of its socio-economic implications on businesses and ordinary Nigerians. This was contianed in a communiqué by NUPENG leaders at the end of the Union’s National … [Read more…]
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said yesterday that the Federal Government has suspended removal of fuel subsidy. She said the government had made provisions for subsidy in the 2022 budget from January to June this year, adding that government will forward a request to the National Assembly to make additional … [Read more…]
Nigerians seem to be at crossroads over the move by the Federal Government to suspend payment of subsidy on Premium Motor Spirit (PMS), popularly called petrol. President Muhammadu Buhari had in August 2021 signed the Petroleum Industry Bill into law, signaling an end to petrol subsidy. But in what looks like a dramatic twist, … [Read more…]
Nigeria Labour Congress (NLC) had after its organs’ meetings recently threatened to shut down activities nationwide should the Federal Government increase the pump price of petrol in 2022. Secretary General of the Association of Senior Civil Servant of Nigeria (ASCSN), Bashir Alade Lawal, in an interview with Daily Sun, yesterday, vowed that the threat by … [Read more…]
THe Pentecostal Fellowship of Nigeria (PFN) has cautioned the Federal Government against further aggravating the suffering of Nigerians through the proposed subsidy removal. Its President, Bishop Wale Oke, noted that the implementation of such a policy could increase the hardship being experienced, especially by the masses. Breaking News, Nigerians can now work in … [Read more…]